Mr. Speaker, credit unions from coast to coast to coast have provided an absolutely essential service to millions of Canadians over the years.
In this budget document, the government is taking a hit on our credit unions. It could have a very profound negative impact. These credit unions provide all sorts of services in our communities. They provide support to our middle class. They are there to provide competition for the big banks. They often open in communities where banks do not exist.
My question is why has the Conservative government gone against small credit unions, in the need to be able to support them from the government's point of view?